ACS/Buck To Provide Lafarge Canada With Pension Plan Administration Services
Toronto, CANADA -,ACS/Buck, one of Canada's a leading human resource and benefits consulting firms, recently announced that it has been retained by Lafarge to continue providing administration services for Lafarge's Canadian defined benefit pension plans. ACS/Buck has provided services to Lafarge since 1997.
More than 6,000 active employees and retirees participate in the 16 defined benefit pension plans served by ACS/Buck.
Under the terms of the three-year contract, the services provided by ACS/Buck include maintaining a centralized database of all plan records, providing employee benefit statements and benefit calculations, processing pension payments, and assisting with employee communication materials.
"We are continuing our relationship with ACS/Buck because of its outstanding record of service and the excellent working relationship we've developed with the ACS/Buck team," said Tony Araujo, Director, Compensation and Benefits, Lafarge Canada. "By truly acting as an extension of our staff, ACS/Buck has improved the value of our retirement program for our employees."
"Buck Consultants' 90-year history has been built on helping clients such as Lafarge improve the performance of their HR programs while managing their cost of human capital," said Jan K. Grude, Buck's President and Executive Managing Director.
ACS/Buck provides a full range of human resource consulting and administration services, and has been providing HR consulting and actuarial services in the Canadian marketplace for more than 35 years. The Canadian suite of services includes health and welfare consulting, technology and administration services for traditional and flexible group benefit plans, capital accumulation plans, and defined benefit pension plans, retirement consulting (including actuarial services and tax and legal consulting), investment consulting, and communications services. News and other information about ACS/Buck is available at www.acsbuckcanada.com.
ACS, a global FORTUNE 500 company with 58,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world-class commercial and government clients. The Company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." ACS makes technology work. Visit ACS on the Internet at www.acs-inc.com.
SOURCE: ACS/Buck